What CFOs Need to Know About the Cloud

September 7, 2012 5:19 am 0 comments Views:

Share this Article

  • TwitterTwitter
  • Facebook
  • DeliciousDelicious
  • Digg
  • StumbleuponStumble
  • RedditReddit
  • Follow Me on PinterestPinterest
  • Google+






“The Cloud” has become one of the hottest buzz topics in the industry this year, and what started out as a topic mostly of interest to IT executives is quickly moving to the radar screen of CFOs and Finance Executives.  To help companies understand “the cloud”, as well as the advantages and considerations of cloud computing, Oracle has recently published a number of articles, white papers and videos on this topic. 

Some of the advantages of cloud-based applications include improved time to value, reduced up-front costs, leveraging 3rd party skill sets and having a scalable environment to support future growth.  Some of the considerations and risks include security, performance, integration of cloud-based applications with on-premise systems and long-term costs of ownership.

Here are some links to articles, case studies and videos covering what CFOs should know about the cloud on Oracle C-Central:

Partner Perspectives video: What CFOs Should Know About the Cloud

CFO Market Watch article: What CFOs Should Know About the Cloud

Essex County Council Adopts Cloud Computing for Payroll to Save US$ Millions & Offer Shared Services

Here’s a general link to Oracle C-Central/CFO in case you want to start there:


Here’s an article from Profit Magazine that might be of interest:

Five Ideas: Finance - What CFOs need to know about cloud and other technology solutions

Feel free to contact me if you have any questions or need additional information:  john.orourke@oracle.com

By John O’Rourke, EPM Contributor, from: https://blogs.oracle.com/epm/

John O’Rourke is Vice President of Product Marketing at Oracle Corporation, focusing on Enterprise Performance Management (EPM) applications. With a background in accounting and finance, John has over 25 years of experience in the software industry, and 15 years of experience in Product Marketing at Hyperion Solutions and Oracle. He has worked with many customers and partners on financial reporting and planning initiatives and has spoken and written on many topics in enterprise performance management. John has also held positions in strategic marketing and product marketing at Dun & Bradstreet Software, and Kenan Systems. John has a BS degree in accounting from Bentley University and an MBA from Boston College.

Leave a Reply

− one = 1

Latest News

  • EPM Featured Finance Strategy The Core – Communicating Strategy, Vision and Values

    The Core – Communicating Strategy, Vision and Values

    “The Finance Talk. When I sit you down and explain that if you miss your income statement, you might get chewed out a bit, but if you miss your balance sheet, you get fired”. In layman’s terms, that means that if I missed the forecast there was a chance I’d get a tongue lashing, but if I was hiding things on the balance sheet, that was cause for dismissal.

    Which brings me to the subject of values and corporate strategy. How do you go about communicating these things in your organization?

    Read more →
  • Biz Intelligence EPM Featured To BI and Beyond: A BI Primer

    To BI and Beyond: A BI Primer

    While the first use of the term “business intelligence” was in a 1958 paper by IBM researcher Hans Peter Luhn, it was Howard Dresner in 1989 (later with Gartner) who defined the term and the practice as we now recognize it. Even I could have invented the concept in 1999, but it was Dresner’s talent that he recognized a decade earlier that the disparate data warehouse, analytic and reporting projects and initiatives needed to be unified under a single umbrella.

    The fundamental problem that BI addresses is: scarce IT resources.

    Read more →
  • FYI Management The Dark Side of Creativity

    The Dark Side of Creativity

    Creative individuals are more likely to be arrogant, good liars, distrustful, dishonest and maybe just a little crazy—OK, let’s say eccentric.

    We hear a lot about the benefits of being creative but less about the dark side of creativity.

    Do organizations pay a price for creativity?

    Read more →
  • Biz Intelligence Featured FYI Tech Americans Think Cloud Computing Comes From Actual Clouds

    Americans Think Cloud Computing Comes From Actual Clouds

    Cloud computing has been on the minds of everybody in the tech industry for the past few years. The infrastructure has been slowly growing, but 2012 has seen tremendous growth in the sector. All the major tech companies now offer some form of cloud storage and computing for consumers and businesses. Even though it’s everywhere, Americans still don’t really grasp it.

    A recent survey of 1,000 Americans was conducted by Wakefield Research for Citrix. The results suggest that Americans like to think they’re on top of the latest innovations in cloud computing, but in reality know little about it. Unfortunately, even more people think that the cloud is tied to the weather in some way.

    Read some of the [highly embarrassing] statistics here.

    Read more →
  • Biz Intelligence EPM Featured Management Marketing and Sales Analytics What Makes a Good Marketing Operations Employee?

    What Makes a Good Marketing Operations Employee?

    Marketing’s focus on measurement and ROI is challenging CMOs to hire employees into the emerging discipline of marketing operations who have skills and experience that have not been in the traditional domain of marketers. These attributes include technical savvy and systems-thinking skills, as well as a diverse blend of cross-disciplinary expertise and management skills.

    What are some key attributes to look for in a marketing operations team member?

    Read more →
  • accounting Economy Finance Green Risk Management Progress Towards Integrated Financial and Sustainability Reporting

    Progress Towards Integrated Financial and Sustainability Reporting

    While over 2000 organizations already have registered sustainability reports with the Global Reporting Initiative(GRI), and more than 3000 organizations have submitted their environmental information to the Carbon Disclosure Project (CDP), investors are pushing for more consistency and global standards in environmental and sustainability reporting and standards are being defined for integrating sustainability reporting with financial reporting.

    Read more →
  • EPM Finance Marketing and Sales Analytics What A Dead Squirrel Taught Me About Premium Pricing

    What A Dead Squirrel Taught Me About Premium Pricing

    Many companies worry about the commoditization of their offerings and their inability to justify premium pricing-but if you figure out how to take care of your customers’ “dead squirrels,” you’re golden.

    Read more →
  • Biz Intelligence EPM Featured Marketing and Sales Analytics Social Business Transformation

    Social Business Transformation

    Rapid changes in consumer behavior, fuelled by the ever increasing popularity of social media and the adoption of consumer technologies in the workplace, urge companies worldwide to rethink their positions. People spend more and more time online to connect and interact with friends, to publish opinions, and to purchase goods and services. Employees share their views online, strengthening or weakening the corporate brand.

    Read more →